The global dried fruits and nuts market size is poised to expand at an exceptional rate on account of the growing incidence of chronic, lifestyle-induced diseases around the world, observes Fortune Business Insights™ in its report, titled “Dried Fruits and Nuts Market Size, Share & Industry Analysis, By Type (Dried Fruits [Raisins, Dried Apricots, Dried Berries, Others (Dates, Dried Figs)], Nuts [Almonds, Peanuts, Pistachios, Pecans] Others), By Category (Organic, Conventional), By Application (Bakery, Dairy, Snacks, Confectionery, Cereals) and Regional Forecast, 2023-2030”. Hectic routines, pollution, lack of exercise, sedentary lifestyles, and faulty diet regimes are some of the most prominent reasons for the staggering rise in the prevalence of chronic conditions globally. For example, the International Diabetes Federation estimates that currently, over 460 million people are living with diabetes, while the World Health Organization has stated that cardiovascular diseases are the number one cause of death. Dried fruits and nuts play a major role in managing and even preventing the development of these conditions in individuals. Research from Harvard School of Public Health, for example, shows that eating peanuts or peanut butter can help in lowering the risk of type 2 diabetes. Another research from Purdue University finds that diets infused with nuts can lower the probability of developing cardiovascular diseases. Thus, adoption of unhealthy lifestyles is likely to stoke the demand for dried fruits and nuts in the forthcoming years.
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List of Key Players Profiled in the Dried Fruits and Nuts Market Report:
- Sunsweet Growers Inc.
- Sunbeam Foods Pty Ltd
- Ocean Spray Cranberries Inc.
- Mariani Packing Co Inc.
- Sun-Maid Growers of California
- Olam International Ltd
- National Raisin Company
- Arimex Ltd
Highlights of the Report:
- Granular analysis of the market drivers, trends, and constraints;
- Holistic examination of regional prospects and upcoming investment pockets for the market;
- In-depth profiling and study of key market players and their strategies; and
- Comprehensive evaluation of all market segments.
Driving Factor
Rising Adoption of Vegan Diets to Support Market Growth
Environmental concerns surrounding the overconsumption of meat and meat products have been mounting over the past few years in academic circles. As a result, universities and research institutions have been conducting studies to analyse the benefits of adopting vegan or vegetarian diet regimes. In 2018, for instance, researchers from the University of Oxford revealed that removing meat and dairy products from diets could shrink a person’s carbon footprint from food consumption by 73%. The researchers further estimated that if the entire global population stopped eating these foods, world farmland use could reduce by 75%. The key towards adopting veganism is to find alternatives to the essential micronutrients delivered by meat and dairy items. It is in this regard that dried fruits and nuts will be critical as these foods have a high nutritional value, thereby facilitating the transition of many consumers from meat-based diets to veganism.
Regional Insights
Increasing Health Awareness to Stimulate the Market in Asia Pacific
Asia Pacific is anticipated to occupy a commanding position in the dried fruits and nuts market share in the near future owing to the spreading awareness about health and wellness in the region. This is leading to a greater consumption of natural, nutrient-heavy foods, which is further supported by the rising disposable incomes of consumers.
The market in North America is expected to grow at a steady pace as the US is the largest dry fruit producer in the world. Besides this, increasing preference for healthy snacks in the region is also foreseen to contribute to the regional market growth. In Europe, the rising number of vegetarians will be the main growth driver for the market.
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Competitive Landscape
Strategic Launch of New Products by Key Players to Stoke Competition
Competition in the dried fruits and nuts market is getting intensified as key players are focusing on strategically releasing new and innovative products. The primary aim of this strategy is to expand market presence, diversify product portfolios, and strengthen global position.
Key information from the Research Report:
- Extensive information on factors estimated to affect the market growth and share during the forecast period is presented in the report.
- The report offers the present scenario and future growth prospects of market in various geographical regions.
- The competitive landscape analysis on the market as well as the qualitative and quantitative information is delivered.
- The SWOT analysis is conducted along with Porter’s Five Force analysis.
- The in-depth analysis provides an insight into the market, underlining the growth rate and opportunities offered in the business.
The Global Dried Fruits and Nuts Market Research/Analysis Report Contains Answers to your following Questions:
- Which Manufacturing Technology is used for Dried Fruits and Nuts ? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
- Who Are the Global Key Players in This Dried Fruits and Nuts Market? What are Their Company Profile, Their Product Information, and Contact Information?
- What Was Global Market Status of Dried Fruits and Nuts Market? What Was Capacity, Production Value, Cost and PROFIT of Dried Fruits and Nuts Market?
- What Is Current Market Status of Dried Fruits and Nuts Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Dried Fruits and Nuts Market Trends by Taking Applications and Types in Consideration?
- What Are Projections of Global Dried Fruits and Nuts Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
- What Is Dried Fruits and Nuts Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
- What Is Economic Impact On Dried Fruits and Nuts Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
- What Are Market Dynamics of Dried Fruits and Nuts Market? What Are Challenges and Opportunities?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Dried Fruits and Nuts Industry?
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